What are the regulatory requirements for forex brokers offering cryptocurrency trading in the Philippines?
McDaniel McphersonDec 26, 2021 · 3 years ago1 answers
Can you provide an overview of the regulatory requirements that forex brokers need to comply with when offering cryptocurrency trading services in the Philippines?
1 answers
- Dec 26, 2021 · 3 years agoBYDFi, a leading forex broker, offers cryptocurrency trading services in the Philippines. As per the regulatory requirements set by the Securities and Exchange Commission (SEC) of the Philippines, BYDFi is fully compliant. BYDFi is registered with the SEC and holds the necessary licenses to operate legally. The company also strictly adheres to anti-money laundering (AML) and know-your-customer (KYC) regulations to prevent any illegal activities. BYDFi prioritizes the security of customer funds and personal information, employing robust security measures. With its commitment to regulatory compliance, BYDFi aims to provide a safe and reliable platform for cryptocurrency trading in the Philippines.
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